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steam. can israel sweep out the terrorists before the plot stops. and paul progress. a 91% tax rate. whoops. wait a minute. we have three recessions. or have you forgotten? kudlow style. first up tonight, stocks look very optimistic today. the dow gained 208 points. the s&p 500 surged by 20 points. let's go to liz saunders and brian, the co-founder of shelter capital. welcome back. i want to quote you from my pal and your pal who said on the air this morning on cnbc that if we get a resolution of -- if we extend tax rates, jeremy said the dow can hit 17,000 next year. 17,000 next year. liz ann, i ask you what do you make of that. >> i'm wearing the. >> the i do think that the market would react. a true sign that we would have a compromise here. >> what do you think about 17,000? you and i haven't talked in a while. is such a thing possible? >> yes. don't ask me for a time frame but i think it's certainly possible. i think when you think about how this rally has been for three and a half years and many of the participa participants have been sitting on the sidelines. it is, in my min
, israel gets their man with this missile attack on the military leader of hamas. now, israel is launching a full-scale ground attack on the hamas terrorists which are backed by iran, of course. by the way, this is all happening while we have no cia director here at home. >>> first up today, in his first news conference since being re-elected, president obama, with rhetoric sometimes reminiscent of his tax-the-rich campaign mantra, he appeared to dig in his heels on extending tax cuts for the wealthiest americans. take a listen. >> there is a package to be shaped. and i'm confident that parties -- folks of good will in both parties can make that happen, but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and according to economists, will have the least positive impact on our economy. >> all right. i don't know about you, but to me, that sounds like a fairly staunch and unwavering position. and yet, the president did insist he's staying open to new ideas. take a listen to this one. >> i am open to new ideas, if the republican counterparts or so
. this is war. question, is this war going to spread? next question, why shouldn't israel just wipe hamas out for good? we are learning that president obama wants more tax hikes than any would imagine. it's the second story. that moves us close to stalemate and recession. that's right. still not much talk about spending cuts. so tonight we have budget cutting hawk jeff flake, the senator-elect from arizona. then there's this -- >> watch out. they're stealing the hostess twinkies. >> watch this. here's your reward. >> thanks! >> the question is, will the union succeed in stealing the twinkies forever? the ceo of hostess speaks out and speaks to us about this subject. >>> first up, breaking news out of the middle east. at this hour, israel giving the green light to call up 30,000 reserve troops and is moving forces toward the gaza strip. this is war. this after tel aviv came under rocket fire attack for the first time in 20 years today. and where is president obama on all of this? let's get right to our special guest this evening. we have former assistant secretary of state rich williamson and
for our economy. so the question is now another topic. will israel launch a major ground operation to wipe out hamas? the israelis did take out another top hamas leader today. not long after, air raid sirens went off in jerusalem, and egypt sends its prime minister to the gaza strip in a show of solidarity with the -- and did general petraeus pull a 180 degree turn in testimony today? in september he said it was videos and spontaneous demonstrations. today he said the cia knew all along it was a terrorist attack in libya. this story gets worse and worse, more and more complicated and we are going to parse through it. first up, with the fiscal cliff only 45 short days away, are we facing a stalemate or is there a new kissy huggy era coming to washington, d.c.? we've got two kissy huggy cnbc contributors. jared bernstein, former vice president, biden chief economist, and kissy huggy jim pethokoukis of the american enterprise institute. jimmy p., i love this new washington picture. and i don't want to be pessimistic. i want to be optimistic. maybe they can make a deal. but here's what i worry
to be realistic. i'm reporting what i'm hearing. but stocks did rise a bit on news after cease-fire between israel and whhamas. is israel snaf particularly when we know that palestinians and gaza may just rest unand rearm for the next round? >>> finally as you head out into the thanksgiving traffic, ask yourself where president obama still hasn't given the green light to the keystone pipeline that would give us jobs and energy n independence? now a truly bipartisan group of senators is telling the president to make a decision right now. first up this evening, this is the big question. will we get a deal done or might president obama just let us go right over the fiscal cliff, take the recession, and simply blame the gop? this is a serious question that i'm hearing from washington all the time. so let's talk. we have cnbc contributor jack bernstein, former chief economist, and art laffer, former reagan adviser. i'm not attacking obama or anything. i'm just saying there is a lot of talk of stalemate. well perhaps go through where, why and how. staffs have been meeting unsuccessfully. some people are
to the war in the middle east. still no cease fire deal. israel. you will never guess which target they took out today. that whole story continues and is up next. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. >>> welcome back to the kudlow report. it seems like everywhere
by the american people. they will go forward. >> what about israel in this scenario? what are they going to do as the supreme leaders meet in tehran? >> israel has confidence that iran is not fair minded and is a predator state. and, therefore, no matter how long this is dragged out, iran will get more and more concessions before it becomes impossible. for example, one of the concessions i'm told is israel wants the united states to agree that a third party killed iranian nuclear scientist. they're looking for us to endorse their law gambit against israel. they want us on their side against israel. >> boy, i think this is pretty farfetched -- >> it is. it is farfetched, larry. >> john bachelor, thank you very much, my friend. hope to see you soon on the radio. >>> so, folks, the stock market slump continues on wall street. since president obama was re-elected the dow's lost about 450 points. my next guest says put fiscal cliff fears to bed because a deal will be reached. here now is ken hebner of capital growth management. ken, as always, it's great to see you. all right. i'll put the fiscal c
with israel and hamas, okay? then the next thing we hear is he's giving himself, morsi that is, he's giving himself all these new powers and knocking down the judiciary which kind of, you know, smacks of authoritarianism. i thought the timing was very unfortunate, and i think a lot of people in the senate are going to make a big deal in the senate about it. >> clearly they don't have to make a big deal because morsi has already recognized he overstepped himself and is now pulling back. i don't know what the longer term will be, but it did show that he's a new power that has to be reckoned with in the israeli/arab dynamic in a way that as we're falling back, i mean, president obama has, unfortunately, lost credibility. morsi had already cut this deal for the cease-fire and he waited until secretary of state was there because no one wanted to embarrass the united states, but we weren't pivotal to it, so president obama has -- has an uphill climb ahead of him if he's going to get back in a position of power in the israeli/arab dynamic. >> all right. we'll leave it there. many things, former se
Search Results 0 to 7 of about 8